NINGDE, China, Nov. 8, 2023 /PRNewswire/ — CATL and Quinbrook announced today the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years, demonstrating both companies’ commitment to progressing the energy transition through the deployment of the most advanced storage… Continue reading CATL and Quinbrook Sign Global Framework Agreement for Stationary Battery Energy Storage Systems
Author: Yarhow_Finance Online News
Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised
Magna International MGA reported third-quarter 2023 adjusted earnings of $1.46 per share, which rose 33% on a year-over-year basis and surpassed the Zacks Consensus Estimate of $1.37 per share. Net sales increased by 15% from the prior-year quarter to $10,688 million, surpassing the Zacks Consensus Estimate of $10,358 million. Magna International Inc. Price, Consensus and… Continue reading Magna (MGA) Q3 Earnings Beat Estimates, Guidance Revised
Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
After a seven-week strike, the United Auto Workers (UAW) union and the three major U.S. automakers — General Motors, Ford, and Stellantis — reached agreements last week, marking the conclusion of a historic simultaneous strike against Detroit’s Big Three. Key features of the agreements include a 25% wage increase to remain in effect until April… Continue reading Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
3 No-Brainer EV Stocks to Buy in November
Barrons.com Tesla Could Have a $27,000 EV. The Stock Dropped. Tesla stock tried to make it five winning days in a row. What had investors excited initially on Monday was a Reuters report from Germany about a new Tesla electric vehicle that will be priced around 25,000 euros, or $27,000. Investors, and car buyers interested… Continue reading 3 No-Brainer EV Stocks to Buy in November
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.… Continue reading Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan
Raised investment capital for a new North American electrification hub through seven global financial institutions—marking its first overseas Green Loan Successfully procured long-term financing (10 years) at a favorable rate The acquired funds will be deployed to establish new BSA and PE system factories SEOUL, South Korea, Nov. 8, 2023 /PRNewswire/ — Hyundai Mobis’ (KRX: 012330)… Continue reading Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan
Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
After a seven-week strike, the United Auto Workers (UAW) union and the three major U.S. automakers — General Motors, Ford, and Stellantis — reached agreements last week, marking the conclusion of a historic simultaneous strike against Detroit’s Big Three. Key features of the agreements include a 25% wage increase to remain in effect until April… Continue reading Auto Roundup: TM’s $8B EV Investment, CMI’s Q3 Results and More
Adient (ADNT) Reports Q4 Earnings: What Key Metrics Have to Say
For the quarter ended September 2023, Adient (ADNT) reported revenue of $3.73 billion, up 2.2% over the same period last year. EPS came in at $0.51, compared to $0.53 in the year-ago quarter. The reported revenue represents a surprise of -0.82% over the Zacks Consensus Estimate of $3.76 billion. With the consensus EPS estimate being… Continue reading Adient (ADNT) Reports Q4 Earnings: What Key Metrics Have to Say
Adient PLC (ADNT) Reports Increased Annual Net Income Despite Quarterly Challenges
Adient PLC (NYSE:ADNT) reports a significant turnaround with annual net income of $205 million compared to a loss of $120 million in the previous year. Quarterly net sales slightly increased to $3.729 billion from $3.650 billion in the same quarter last year. Strong liquidity with cash and cash equivalents rising to $1.110 billion from $947… Continue reading Adient PLC (ADNT) Reports Increased Annual Net Income Despite Quarterly Challenges
Adient reports fourth quarter and full-year 2023 financial results; successfully delivers on the company’s FY2023 financial commitments
PLYMOUTH, Mich., Nov. 8, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2023 financial results. Q4 GAAP net income and EPS diluted of $135M and $1.42, respectively; Q4 Adj.-EPS diluted of $0.51 Q4 Adj.-EBITDA of $235M, up $8M y-o-y Gross debt and net debt totaled ~$2.5B and… Continue reading Adient reports fourth quarter and full-year 2023 financial results; successfully delivers on the company’s FY2023 financial commitments